Supply Chain Cost Management: The AIM & DRIVE® Process for Achieving Extraordinary Results
by Jimmy Anklesaria
Quantitative and Qualitative Factors
Some benefits or risks may be quantifiable, while others may not. As mentioned earlier, all quantifiable savings should be carefully estimated and validated to the best of your ability. It has been my experience that many teams like to fudge the numbers to look good for their management. This is a practice that should be avoided, since it always catches up with you when you try to verify savings. When in doubt, use “to be determined” in the worksheet. In the example of Anything Inc., the strategy of increasing customer knowledge by creating in-house technicians for major accounts has clearly quantifiable savings, as measured by the reduction in number of field visits, which the team estimated to be $3.8 million. ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access